Morrisons sales growth year-on-year in Great Britain 2015-2021
In the three months leading up to August 2021, Morrisons sales decreased by 6.2 percent compared to the same period a year earlier. After struggling with shrinking sales in the second half of 2019, the company enjoyed unprecedented growth in sales throughout 2020. This growth slowed in 2021 as shopper habits stabilized.
Morrisons operates 497 stores across the UK and served an average of 18,000 customers per store per week in its last financial year. In 2019/20, the company made a gross profit of 388 million British pounds, a substantial decrease from previous years. Morrisons' profits hit a peak of just over 1.2 billion British pounds in 2011/12.
Company profile and market share
Wm Morrison Supermarkets plc is the fourth largest grocery retailer in the United Kingdom. It was founded in 1899 by William Morrison. The company operates primarily in Great Britain and holds a 9.9 percent share of the grocery market as of January 2022. The Bradford based companies market share has been stable at around ten percent for the last three years. Morrisons is the smallest of the so called big four supermarkets (the others being Asda, Tesco, and Sainsbury’s).Morrisons by the numbers
Morrisons operates 497 stores across the UK and served an average of 18,000 customers per store per week in its last financial year. In 2019/20, the company made a gross profit of 388 million British pounds, a substantial decrease from previous years. Morrisons' profits hit a peak of just over 1.2 billion British pounds in 2011/12.
